Signed by President Serdar Berdymukhamedov, the law will come into force on January 1, 2026.
According to Reuters, this new legislation sets clear rules for the creation, storage, use and circulation of virtual assets. This will define their legal and economic status in Turkmenistan.
Turkmenistan regulates cryptocurrency mining and trading
Cryptocurrency mining will be legal for licensed businesses and individuals who register with the Central Bank, while anonymous wallets and transactions will be prohibited under anti-money laundering regulations. The law also limits cryptocurrency advertising, requiring full disclosure of risks and banning promotions targeting minors or promising easy wins.
Turkmenistan’s legal move parallels regional trends in neighbors like Kyrgyzstan, which recently launched a domestic stablecoin in partnership with Binance. With vast natural gas reserves and a desert landscape, Turkmenistan is seeking to diversify an economy heavily dependent on gas exports to China.
No one is talking about it yet, but when the gas giants turn their attention to mining hubs, the global geography of hashrate becomes interesting.
Turkmenistan holds the 4th largest gas reserves and legalizes cryptocurrency mining and trading via a presidential decree.
Licenses required, starting January 1… pic.twitter.com/GVyR2aKMdV
– Boxmining (@boxmining) November 28, 2025
By adopting crypto regulation, the country hopes to boost economic growth and join Central Asia’s expanding blockchain ecosystem. For investors and newbies alike, this marks another step towards broader crypto adoption in emerging markets.
Learn more about crypto regulation
Australia has introduced the Companies Amendment (Digital Assets Framework) Bill 2025, requiring cryptocurrency exchanges and custody providers to obtain an Australian Financial Services License (AFSL) under existing financial laws.
🇦🇺 Australia introduces legislation to regulate crypto companies under existing financial laws.
The Digital Asset Framework Bill would require AFSL licensing for exchanges and custody providers, expanding oversight amid concerns about consumer risks and platform failures.
Regulators… pic.twitter.com/IMrieCJIOv
– Block Tides (@blocktides) November 27, 2025
This framework responds to past failures such as FTX and Celsius by imposing tailored oversight on digital asset platforms, ensuring they meet similar standards of transparency, asset security and consumer protection as traditional finance. Small platforms processing less than $5,000 per customer, or $10 million per year, benefit from exemptions to foster innovation, while regulators project up to $24 billion in annual productivity gains from safer digital finance.
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